Helmerich and Payne Inc expected to post earnings of 85 cents a share - Earnings Preview
23/04/2024 14:20
* Helmerich and Payne Inc HP.N HP is expected to show a
fall
in quarterly revenue when it reports results on April 25 for
the period ending March 31 2024
* The Tulsa Oklahoma-based company is expected to report a
11.5% decrease in revenue to $680.677 million from $769.22
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Helmerich and Payne Inc
is for
earnings of 85 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 12
"hold" and 2 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Helmerich
and
Payne Inc is $46.00, above its last closing price of $41.23.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.72 0.72 0.97 Beat 34.2
Sep. 30 2023 0.78 0.76 0.69 Missed -8.6
Jun. 30 2023 0.89 0.91 1.09 Beat 20.2
Mar. 31 2023 1.05 1.05 1.26 Beat 19.7
Dec. 0.79 0.81 1.11 Beat 36.5
31 2022
Sep. 30 2022 0.46 0.46 0.45 Missed -2.2
Jun. 30 2022 0.07 0.05 0.27 Beat 478.2
Mar. 31 2022 -0.30 -0.32 -0.17 Beat 46.7
This summary was machine generated April 23 at 13:20 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)